South Africa’s containerized port handling was unchanged in April vs. a year earlier. That suggests the recovery in trade shown by six months of growth in the past seven may be faltering. The main driver as a 5% drop in exports, a marked reversal from the previous month. Panjiva data shows U.S.-bound shipments are typical of this, with a 10% drop on a year earlier. MSC is the leading shipper on South Africa-to-U.S. routes with a 46% market share.
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